Stock Track | Viasat Plummets 6.76% Intraday on Earnings Preview Showing Expected Loss and Significant Price Target Gap

Stock Track05-16

Viasat's stock plummeted 6.76% during intraday trading on Friday, as investors reacted to an earnings preview indicating the company is expected to post a loss in its upcoming quarterly report.

According to the preview, Viasat is expected to report a loss of 36 cents per share for the period ending March 31, 2026, despite an anticipated 4.3% rise in revenue to $1.196 billion. The median 12-month price target from Wall Street analysts is $50.50, which is approximately 32% below the stock's last closing price of $74.30, highlighting a significant valuation concern.

While the average analyst rating remains "buy," the expected loss and the substantial gap between the current trading price and the analyst price target appear to have driven the sell-off in the session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment